Unforgivably this Barolo was never ordered from Stefano Gagliardo as the producer confirmed in email on 20th January 2017. Gagliardo explains that in June 2016 he had a visit from people from Montevino Partners: it was 'in June 2016. Since then, I never received feedback, reservations or orders. Please double check, because if they sold you Barolo Serre 10 Anni ’09, ’10, ‘11, it means they sold something they never bought.'
This is the second company that traded as Montevino Partners to go bust. Spirited Ventures Ltd was the first going into liquidation in July 2016 with declared debts of £691,326. However, due to White's failure to list individual creditors it is not known what the real deficiency for Spirited Ventures Ltd. White's two Montevino companies have now racked up debts of at least £2,156,326.
Details of backing – Thomas White (13th February 2017):
It is not clear whether White's proposed new phoenix company is still being readied for 'take-off'. I hope the scale of the combined losses (£2.15 million) racked up by Spirited Ventures Ltd and Montevino Partners Ltd will have persuaded them that White only has a reverse Midas touch. They should conclude that it makes no sense to throw more good money after bad.
* Update 15.5.17) Companies House now lists that these documents have been received (15.5.17) and that they will be available within five days.